A Study of the Spatial Distribution of Institutional loan for Agriculture in Irrigated Region of Haryana
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Date
1980
Authors
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Publisher
Chaudhary Charan Singh Haryana Agricultural Univesity, Hisar
Abstract
Agriculture like any other industry also needs investment capital for the development and to realize higher production. Investment in
agriculture assumes more significance in our country where about Fifty per cent o! the national income is derived from agriculture and in which a majority of its population depends for their livelihood As a result it has got priority in the allocation of funds under different Five-Year plans.
Despite such Priorities and Investment of large funds from scarce resources, production in the agriculture sector would hardly match the growth in
population. In fact the economic development of the country is not only complex but also seems be impossible without agricultural development.
With the introduction of modern technology during the mid-sixties farming has become more capital. intensive. The capital investment requirement
cannot be met fully by the farmers out of their own savings unless they get some financial assistance from credit Institutions. In fact agricultural credit has become a sine-qua-non tor agricultural development. But the role of agricultural -credit has not been fully appreciated. in the agricultural credit
policy. !here seems to be skewed distribution of agricultural credit not only at the state level but also at the regional and district levels.
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Keywords
Agricultural Economics